Stefanos Stefanou

International lenders resume bailout talks with Cyprus on Friday, authorities said, in an attempt to secure badly needed financial aid by the end of the year for an island exposed to Greece΄s debt meltdown. A team representing the lenders, known...

Cyprus' Finance Minister Vassos Shiarly is ready to step down if President Demetris Christofias does not sign a memorandum of agreement with international lenders to release a bailout needed to keep the economy from tanking, the newspaper Simerini reported. He...

Cyprus plans to contact international lenders on Monday evening to invite them to the island for final talks on a comprehensive aid package for the Greece-exposed island, officials said. While it was unclear when lenders from the European Central Bank,...

A British university's financial economics professor was appointed Cyprus' new Central Bank governor Saturday, as the eurozone member struggles to contain a stagnating economy and banking system roiling under heavy exposure to Greek debt. Government Spokesman Stefanos Stefanou said President...

Fire broke out  in a mosque in Lemesos on Holy Saturday. Dervish Eroglu, head of the Turkish Cypriots, is blaming Greek Cypriots for the fire. He says they were encouraged by Orthodox clergymen. "Such actions prove that Greek Cypriots dislike...